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with other administrative rules in place, and where the city basically is able to uses it taxing authority to allow for this financing to happen. >> then my last question chair farrell i know the focus is on panels for residential homes and buildings and can you talk about the importance -- and i know cal knows this from the department of the environment and the retrofits and it was mentioned water conservation too and energy efficiency and water conservation as ways to reduce our carbon footprint as well. >> absolutely. the great thing about pace is it's open to many different kinds of projects. it's not just a solar financing program or a energy efficiency program. it's all of the above and water conservation, electric charging stations, anything that can help us meet our community climate goals by reducing energy consumption and putting more renewable energy on the grid is an eligible project as long as it's affixed to the property and in that way we think we can see more comprehensive projects that reduce energy consumption through efficiency and potentially adding the renewables whi
in that tax increment for this tax purpose so we've built approximately close to 1,000 today, but about 6,000 still exist, so it's the obligation and funding stream. if the city were to accept the obligation, it would have to identify a funding stream so it would be unwise for the city to accept the obligation without a source of funds to do it. >> okay. i think i have some more thoughts on that, but that's not part of this resolution so we'll move on to other questions. can you just also explain again sort of the separation of the income stream from mixed use property that is are being transferred? what does that mean? >> so disillusion laws provides for an ability for the oversight board to make a determination that if you had a mixed use as sets bra oversight board believed it was not a benefit to the community and it was a benefit to the taxing entities to separate that out in order to keep the revenue from the non housing youth, it could take those actions. in our particular case, the as setses that are mixed use, we believe there is a benefit to the community, including the resident
they are very competitive with the tax exempt financing. now clearly there is a repayment obligation on the part of the project sponsor and that is the upper right-hand side to repay, i am sorry, below that to repay the stake holders to pja to flow all of the funds to pay for the payment of the p3 developer and to whoever receives the fund and allocates those funds and to the design bill contractor and as well as the main nens provider and the design contractor and the many subcontractors to it and the maintenance can be a big job and it can begin for the life of the assets and any questions about the flowchart? >> yeah, i have a question about the flowchart. >> your p3 developers and your shareholders and maybe the dividends are backwards, but what is seems to me is that what the p3 developer gets out of this, is essentially what the pjpa has in the milestone and the availability payments. >> yes, sir. >> so what you are telling us, then, is that we can save so much money by going p3 that we can afford to put in a whole other layer of management and a whole other layer of stuff, and give the sa
and the bonds will cause that rate to increase by 0.1 2% to 1.2 two and the other constraint is the property tax rate for the capital planning committee -- if approved that rate will remain within the constraint of the 2006 property tax levels, and is included in the fiscal year 14 tax rate for geo bonds and finally the resolution approved finance documents willing the official notice of sale and notice of intention to sale that announces -- provides legal notice of time and date of the sale and the issue nsance and approves the statement that provides investors with information concerning the bonds themselves and risks and securities and financials for the city and we intend to include the audit when it's available for investors [inaudible] that provides that notice to the investors as it occurs. i am happy to answer questions and we have other representatives here also. >> thank you. dpw do you have anything to present on this item or anything to add? if you don't that's okay too. we don't have questions at this point. mr. rose, can we go to the budget analyst report please. >> yes mr. cha
can you call item four. >> item four say resolution approving a waiver of the payment in lieu of taxes through 1991-1992 to 2013-2014 from the housing authority from the city and county of san francisco. >> [inaudible] >> okay. go ahead. >> good afternoon supervisors. mr. chair, i am barbara smith, acting executive director of the san francisco housing authority and i am here to request a waiver of the pilot payments from the san francisco housing authority from 1991-1992 to 2013-2014 in the amount of $12 million which is approximately $550,000 a year for the past 22 years. pilot is payment in lieu of taxes and established in 1965 under an agreement between the housing authority and the city and county of san francisco. it was established in lieu of paying real and personal property taxes and special assessments. as 10% of rent payments charged to the housing authority's low income residents. it has previously been weighed by the board from these years listed and requested waivers but those requests weren't acted on. since that time the housing authority has not requested addition
and a couple years later proposing a sales tax dedicated to city improvement. this is the projected plan for the next 15 years. what's happening next year? >> that's going to depend on the board of supervisors to develop the time to do so. >> your recommendation for new revenue is so far in the future. my question is at least, last year, 5 years ago when we were going through planning did you identify revenue sources that are being utilized today. i'm looking for something more in the short-term. >> as part of the transportation task force work we did look at the existing funds that are available towards transportation and to improve the infrastructure. there are federal grants. some state grants. there is money that comes from the metropolitan transportation commission and there is a general fund subsidy to about $4 hundred million and there is a capital plan within the city that prior advertises some -- prior advertises some of the fund money. >> i heard from you and others and adam about potential future funding sources, but i think what i'm looking to hear and probably many members
are paid from property tax increment in the area and already pledged to the area so there will be no general fund impact from this action. we're very closely coordinating with the city's office of public finance which is part of our team helping to prepare the bond documents and we have been grateful for their help so i am happy to answer any questions. >> thank you very much. any questions? okay. we have no budget analyst report so we will move to public comment. anyone wish to comment? seeing none public comment is closed. can i have a motion to move this forward with recommendation. >> so moved. >> and we can take that without opposition. madam clerk can you go back and call item eight please. >> item eight is release of reserve founds in the adult probation department in the amount of amount eight for the sex offender containment model. >> thank you for being here. >> good morning supervisor farrell supervisor mar. i am the chief deputy of the probation department and behalf of chief wendy still and planned to attend the hearing but she is testifying in
board shall consider whether there is a benefit to the community and to the taxing entities for keeping those developments intact as they are or if there should be a revenue sharing great many such as the non housing uses were separated out. we're compiling a list of those assets. you can see them on the list you have. anything that says affordable low and income /photd rate housing commercial space. those are what we're talking about. most cases it's ground /tphror retail spaces or some cases they're non profit on the ground floor. any cases is offset expenses, they're integrated into the whole development. our staff recommendation is to find a finding that is to the benefit of the community and the taxing entities to keep these /tkefplts intact as they were developed. that condition /khraoudz my concludes my presentation and i'm available for any questions. >> thank you very much. i have one speaker card, charlie walker. >> he's gone. >> any other speakers? okay. thank you very much. i'll start off with a quick question. excuse me, i have no voice today. the replacement housing oblig
. the increase of sales tax is another option we considered. that would generate about $73 million a year -- again requiring voter approval as do the general obligation bonds. proposition k is the half sales supplement tax revenue allocated here in san francisco and take the revenues as sales taxes are generated and advance them and get more of the cash up front and execute projects sooner and in other words between the project window and they would incur financing cost for that but it would give them the cash up front and other possibilities here. there are revenue bonds considered in addition to what has been released this year. a possible series for 2016 of $150 million and 2019 for the assignment amount and a portion of that can be funding bicycle projects and this is from discretionary revenues and currently there are some funds moved from the sfmta operating budget into capital projects each year. it is a small percentage of the budget but that's another possibility for funds to be transferred and general fund money unrestricted from the city and county of san francisco could po
't a legitimate tax paying businesses, which i guess they're more referring to somebody that sells boot leg goods or shows up and pops open the trunk and sells stuff without paying taxes. i would like to say that we are tax paying individuals. i pay -- i feel a pay a ton of taxes lately. sales tax, boe monthly sales tax. business license, i have the business license from here. all other fees associated with starting a new business. the next myth that mobile retail takes money out of brick and mortar hands. like i said on the previous slide, i'm more on the side of collaborating together to boost both businesses. i've done some collaboration with my truck with brick and mortar stores, each time we're done they always say how their business was great and so is mine. it makes for an awesome collaboration. especially right now with everything going on in san francisco, there's a lot of money in the city and i feel there's enough to go around for everybody if we can work together. so, and cost to make mobile retail [speaker not understood]. i think people think we pop up. we don't have a ton of expens
.35 percent, and an increase of a half cent to the sales tax measures targeted for the 2014 and 2016 ballots. while recognizing the significant transportation needs, it exists and the potential of the proposed measure to make read strides towards addressing those needs, last month and myself included called for insurancing a more ininclusive and transparent approach to the proposed investment program. >> proposed a framework with the plans and program committee and last week, co-sponsors, commissioner campos and kim and i and yee introduced an amendment to set aside 70 million to address the dispartis in low income communities to increase transparency and accountability for the proposed vehicle license fee. i am very much looking forward to continuing discussions, with this body, for the mayor's office the task force and the full spectrum of stake holders to develop provisions that have broad and keep support to insure success on the ballot. on a related front this month and in response to the advocacy and the representatives commissioner and weiner, and commissioners weiner and campos, the
. as the folks in the court said we have a number of that housing when it gets r5789d they get those huge tax loans can be ramgdz and much of the affordable housing open hunters point hill hazed begun thorough those renovation so definitely we have to think about how we crack most of the stuff we deal with is houses but we haven't figured out how to deal with multiple housing yet. and i think this is really the best ways to a learn by reaching anti them in the community. i hope we can reach out to other folks and have more meetings outside of city hall. it's fairly mulch to learn a lot of parpz and i hope to continue to partner >> just two items i wanted to thank the viral staff who helped to plan this is set up it takes a lot of energy to do this outside of city hall thank you to geronimo. i want to say this as part of the commissioners report new business the san francisco climate action strategy is complete it's hot off the presses. yes. role role huge congratulations to the staff (calling names) many other staff but this is going to be something i assume will be agenda listed either at f
and tax payment history, the equity and property value. if the funds are dispersed for the work and the current property owner pays installment on the regular property tax bill. to be successful the program must be easy to understand for the consumer. and so we're lucky that we're in this situation now after hitting a roadblock a few years ago with the agency. the governor put funds aside to mitigate any risk to fannie and freddie so we're comfortable moving ahead with this program and buildings are responsible for 56% of the greenhouse gas emissions and residential is one fiveth of that total and this program will allow a affordable way to reduce energy consumption and the city gets back a powerful tool to meet the sustainability goals and with other programs and sf energy watch and upgrade programs we intend to leverage as much -- which we intend to leverage as much as possible in this program. restarting pace will help us increase the amount of efficiency under the grid and create local jobs and economic investment that can't be out sourced and we are excited to work with
the tax aversion we wanted to help with the buildings that were vablt historically. and the buildings that were vacant from 50 plus years they had the highest vacant rate. our intention was not to give into buildings with occupants but they have covert uses and we are not able to exclusive them from the mid-market exclusion. this will help with that. i want to thank colleagues. i'd love our support in moving forward with full representations to the full board >> thank you, president chiu. >> thank you and i'm happy to add myself as a co-sponsor. we're having to make sure that the successes we've seen in this blighted area are shared with everyone. last week the board of supervisors had asked our controllers and city attorney to look at the increase in property tax values in that area. i'd like to propose a supplemental legislation to assist with the displacement areas in the mid-market area. this is an important part of legislation we must get a handle open the legislation and with that i'm happy to support this >> okay supervisor jane kim i want to make a motion. >> i'd like to m
item, the state denied a request for property tax. we're using the replacement housing obligation, we are one funder and the unit that would be produced approximately 60 family units that would be produced along sixth street, we are using 2113 funds for that purpose and the state, its basis for denial says you don't have a contract in place, but state disillusion law recognizes other obligations of state law so you know. that's an obligation that preexisted 2011 and we are entitled, just like in hunters point, transbay, mission bay to enter into contracts to implement those obligations so we'll explain to that second set of auditors that process. the final determination from the state, we will get in mid december. it's about two weeks before the actual property tax distribution in january, but we will work vigorously and report back to you and everything at our disposal, including working with our state legislators to make sure they understand the importance of the expenditure of these housing funds. >> thank you. please call next item. >> next item is item nine, commissioners questio
? >> property values. >> that's property tax revenue that has been identified. we haven't evaluated that. >> how much is in the pipeline talking about the 9,000 units is that correct. >> let me draw up a slide if that's possible. these are the numbers from our pipeline data base completed projects and projects through end of next year, we are showing 1400 units and 300,000 square feet of non-residential space and residential space which includes so many -- soma. so there is new space, but also space that disappears because of the building that is taken down. that maybe the cause of the difference. >> i think we certainly need to come back to this issue at a later date and i would be interested to make sure that whatever property money, tax, increase comes in that it's invested back in the neighborhoods within the eastern neighborhoods. thank you. >> okay. well, that looks like we can continue to move on. thank you colles
're getting historic tax credits so i want to make sure where you are in the process. >> i'm sorry i didn't mention that, yes we've just initiated questions and posed to start part too early in the spring so we're in discussions with the park service and port. >> and each building individually. >> we will have a single application. i know it's under a single application had he have individual building amendments they're looking for >> and then a couple of other questions. one is who is the structural engineer >> the structural engineer i always get his name wrong. >> and then. >> i did get it wrong. >> eaten in building 102 you said there will be some seismic work what is the seismic solution. >> we don't have a scheme again, it's kind of tenant driven it doesn't need a lot of seismic upgrade so there's not a scheme per say. >> and 102 and 4 what's your approach to doors. >> we've done a good survey on this this is mostly repair some selective not much new at all. at 102 some removal to access the deck and otherwise retention repair >> and roofing. >> roofing is repairs largel
of access to state tax credit funding, the university concludes that it was not feasible to proceed with the affordable housing projects on block 7. >> thank you. >> okay. we had a question about commission's -- i apologize i thought i had a question about the developer's obligations or how the developers default so we're good. okay. so obviously i think everyone understand that the next big document that we're going to see is the ground lease and that will also answer a lot of our questions as to how this transaction will work but are there any other questions about the dda or release in assignment so can i entertain a motion? >> i think that i'm sure they will do a good job. they want to move this item. >> excellent. is there a second. thank you very much madam secretary will you call role? >> madam chair johnson. >> 4 ayes and one absent. >> the assumption is that vote goes with the changes that we discussed. thank you very much. madam chair will you call the next item. >> public comments on non agenda items madam chair? >> is there any public comment? we have one? >> jes
-market even without the innovative of a tax exemption and 3 of the company's said we're coming because of the talent here in the city. i know they're to be matched with the talent of the people in g s a. we've wanted to work outside of our bureaucracies. this is the new government we're producing here locally and we want to match that we have great partner like our libraries and museums and we're going to compliment that. we can only do that to embrace the opportunity not only to make mistakes but better sufficiency and involve more people and housing and economic opportunity. this is what market street isal about it's our main corridor in san francisco. and that's why for so many years even before the companies technology came to be there were those artists from a.c.t., from the theatres, from the costume shop and their great arts foundation burning man they were trying to get some life 90 in the story front and with that risk-taking came some attraction but it's symbolic with the public-private partnership we help them and they us. my job and i know nancy pelosi has done it i'm follo
authorizing the tax collector attorney to file suit against responsible relatives to recover value of services rendered at hospital facilities operated by the department of public health. >> john gibner, deputy city attorney, sorry to interrupt the calling of the items. item 10 is an item that was sponsored by the tax collector. it's a resolution that requires board approval to allow the tax collector to pursue a certain claim for a recovery of funds. the item probably should -- will be considered in closed session by this committee at a future date, but today it was scheduled on the agenda under the settlement portion of the agenda and because this item isn't a settlement, we'd recommend that the committee continue this item to the next rules committee meeting when you can consider it in a separately agendized closed session. >> okay, any questions about that, colleagues? >> no. >> seeing none, can somebody make a motion to continue. is there any public comment on this -- which item, all of them? just 10, right? >> 10. >> any public comment on item number 10? seeing none, public comment is cl
for the last three years so i had to liquidate by 401 plan, i don't know how it's going to affect my taxes for next year, also the new health insurance law, i aoep not so sure how it will affect that. i was in hopes to get some money back to put into an ira in hopes to bring my income down for the year, but again, this is pretty much just a hardship case. >> thank you very much, any questions to the appellant, supervisor farrell? >> thanks for being here today. a quick question for you. have you talked to our department of public works? i know there's a question about a fee waiver. to be clear, that's what you're asking for? >> right, they did ask me about the deferral and i said no, i was going for the waiver or the reduction. >> okay, let me ask you a question then. in the alternative though, we can go through this process and we will right now with the waiver application. again, no one's prejudging anything here, given the way that things are going, i think it's doubtful. is a deferral something -- i would like to be as helpful as i can to ensure whatever we can do within the confines o
is the ad dishing tax revenues that we can use for affordable housing and the infrastructure. and i did want to congratulate transit on the new fleet of buses and they held an event at the terminal last week and director harper was there along with the general manager and the ac transit staff and it was the trip on the eline, i believe and the coaches are green colored and manufacturered locally and bringing jobs to the bay area and feature a number of amendies such as padded seats and overhead storage and reading lights, so congratulations a tasty transit and just that we have finished the celebrating veteran's day, i wanted to see if ted was here to give an update on the work that we have done with the veterans and given that we just remember the work that the veterans do, thank you. >> good morning. thanks for having me. i just wanted to give you an update on what has been happening in the last six months with respect to our work or veteran's hiring. as you know we have convened a number of roundtable kind of conferences working, leadings with different cvos and city agencies and veteran
. >> i have a question on the evaluations for the tax base. can you gives a kwikz thirty second i understand that was about a 40 percent reduction but those are greater than 40 percent >> i'll let michael from the assessors office take that question. >> i'm from the san francisco assessors office. the assessors are required to valet those property which is by the purchase price and a inflation anted added etch year the second is by comparable sales and the third approach we look at the income but there are certain items from that approach that are restricted. the board tells us we can only cap it at 4 periods of time and non-owned we add a 2 percent and we add an armingtion value. because of the restricted value unless the property was purchased many years ago it's going to be the lowest value that's what we're required to use. so if the property was purchased at the high value obviously the restricted value will be at a reduction >> any questions. seeing none, we'll go to public comment. one speaker card. mr. buehler. >> good afternoon commissions mike bourl with san francisco
systems. through this system homeownership's can make payment through their property tax bill that can prepared. >> 20 years of payment that helps to eliminate the large costs for those ub8dz and combined with other energy watch and water conservatism rebates it can help people save money on wave and this makes economic success that were we can as sxhaefrl adequately explains this will have an increased demand for this program for water skepticism and energy conservatism projects it will yeast good jobs that will be sustainable for a long time. we invest in you to be the skill set the people working on people's homes 0 you can have good clean green jobs and we'll begin by hiring people in the spanish community to have faith so this program will be theirs for all generations as well are that annoyed leadership is what we want we can reduce greenhouse gas motions and save city and families money. we've done it the san francisco way by consensus bringing people our environmental friends and our contractor community. i want to thank governor jerry brown because he's been educating people u
, for 2030 and i know what has currently the sales tax revenue that was put into place in this presentation is not consistent with the discussion in the task force, but the task force is also beginning this dialogue as a report to the board of supervisors and now, i think that that will be another lengthy discussion in terms of what we are looking at in terms of our over all plan of how we fund the transit, and the public transit and the bike ped needs throughout the city and i know that the mayor's budget office, also, has not begun, its efforts to solve for the funding gaps for dtx as well and i know that they are very interested in being engaged in this discussion and so there seems to be perhaps, three different areas that we can just particularly focus on over the next couple of board meetings. and in the winter. and january 3, april. and we can kind of begin figuring out the best ways to figure out how to have the deeper discussions but phase two is absolutely where this board wants to really be delving into and so i appreciate that we were able to begin to have this conversation toda
Search Results 0 to 49 of about 92 (some duplicates have been removed)